Publications

Fundraising - JULY 11, 2019

Guardian Advisory launches first net lease fund

by Kali Persall

Southern California–based Guardian Advisory, a commercial real estate investment firm, has launched Guardian Net Lease Fund I, a retail-focused investment fund vehicle.

The fund, which will be managed by Guardian CRE, is targeting $50 million in equity with the goal of reaching $100 million in buying power.

It will invest principally in single-tenant net-leased (NNN) retail properties throughout the United States, targeting properties already occupied by national credit tenants, including 7-11, CVS, Walgreens, Dollar General and O’Reilly Auto Parts, according to Guardian.

“There is a tremendous competitive advantage to investing in NNN retail properties,” said David Hooston, designated manager of Guardian CRE. “These assets represent consistently stable investments, characterized by long-term in-place leases with national credit tenants allocated between geographic and industry diversification.”

He added, “By launching a niche-focused fund at this point in the market cycle, we are giving accredited investors the opportunity to place capital into a vehicle with a history of long-term stability combined with targeted life-of-fund returns between 8 percent and 10 percent.”

Hooston, a finance executive, will oversee the fund’s strategic vision, financial reporting and investor relations, according to Guardian. In addition, John Halvorson, an expert in net-leased property investments, will oversee the fund’s acquisition and property management strategies. Mike Kron, an industry leader with more than $1 billion in property transactions under his belt, will chair the fund’s specific property investment decisions.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.